Monetary Policy
RBA open to unconventional policy measures – deputy governor Debelle
Quantitative easing may be on the cards if central bank cuts rates to 0.5%
Carney: digital currency could help fix global monetary system
A “synthetic hegemonic currency” could end the destabilising dominance of the dollar, BoE chief says
Agustín Carstens on fixing the global monetary system
The BIS chief speaks on the global safety net, emerging markets’ vulnerabilities and fintech challenges
Powell treads cautious line in Jackson Hole remarks
Chairman gives few clues to future policy; Trump appears unimpressed with the address
Prices more responsive in longer buyer-seller relationships – NY Fed paper
Pass-through of exchange rate shocks could decrease during recession, research finds
No noticeable fund outflows amid protests – HKMA
Exchange Fund sufficient to back currency in case of capital outflows, HKMA says
Egypt sharply cuts rates as inflation slides
Central bank resumes easing cycle, reducing rates by 150 basis points
Foreign banks in US made sharpest reserve cuts – Kansas Fed paper
Researchers look at impact of Fed’s quantitative tightening on US banks’ assets
FOMC divided over July cut, minutes show
Some FOMC members worried by effect of rate cut on US financial stability
Indonesian central bank cuts rates again
Central bank says it will boost economic growth as president pushes fiscal expansion
Overcoming deflation: Japan’s experience and challenges ahead
Haruhiko Kuroda explains how Japan’s long battle against deflation may offer insights for others
San Fran Fed’s Daly plays down recession fears
But there are still problems in labour market, president says in online Q&A
Fund structures are ‘a big issue’ for monetary system – Carney
Immediate redemptions risk amplifying capital flow volatility
Fischer and Hildebrand call for emergency policy tools
Former central bank chiefs say existing monetary tools are “almost exhausted”
RBA ready to cut rates below record-low 1% – minutes
On August 6, central bank cut its growth projections on higher international trade tensions
Trump attacks ‘horrendous lack of vision’ by Powell
President calls for return to crisis-era policies; acknowledges strong dollar is harming other economies
RBNZ takes further steps to improve regulation and oversight
Regulators’ new “vision” incorporates climate change and social inclusion
The Fed’s trade policy dilemma
FOMC should loosen, but members must speak out more forcefully against tariffs
PBoC reforms rates mechanism in bid to cut funding costs
Loan prime rate will replace existing benchmark lending rates
IMF staff praise Dominican Republic’s central bank
Policy changes increased central bank’s credibility in anchoring inflation expectations, IMF staff say
Mexico cuts rates for first time in five years
Economy has had weakest first-half growth in six years, Dallas Fed reports